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THE GENERAL C O U N S E L OF THE WASHINGTON TREASURY 2 5 October 19, 1943 Dear Marriner: For your information I enclose herewith sales tax material which was put in the record today. I hope you may find time to glance through it* It does not argue the case; it merely presents the basic facts. I think these facts speak for themselves* Hon. Marriner Eccles Chairman, Board of Governors of the Federal Reserve System Federal Reserve Building Washington, D. C. October 27, 1943* Honorable Randolph E# Paul, Gonoral Counsel, treasury Department, Washington, D. G# Dear Randolph: Thank you for letting ste have your study on the sales tax. I should like to take this opportunity to compliant you m & your staff on the excellent background isaterial which you hasre prepared far the Gamittee* I have been imch interested in your analysis of the tax tre&taent of corporate reserves and quite agree with the position taken in that report* Sincerely youre, IU S* Ecdee, Chairman* THE GENERAL C O U N S E L O? THE TREASURY WASHINGTON October 28, 1943 Dear Marriner: Thank you for your kind letter of the 27th. On the corporate reserve question, I also enclose a copy of a recant speech on that subject before the American Institute of Accountants, and a copy of a statement given yesterday before the Subcommittee on Military Affairs. Letters like yours help considerably and I have taken the liberty of sending a copy to the staff which prepared the background material you liked. Hon. Marriner Eccles, Chairman, Federal Reserve Board, Washington, D.G. Enclosure
@FedFRASER